Quote from: Tearscoin on July 26, 2014, 03:49:12 AM

Quote from: jc12345 on July 26, 2014, 01:30:34 AM

Guys it is unfair to blame Bittrex or any other exchange that adds a coin. The answer is sometimes right in front of you by applying good common sense and looking at the risk indicators. By looking at a few things you can make a call on the residual risk of a coin based on risk factors and then see how that fits into your risk appetite. You can then either stay away or risk it all and the alt-coin exchanges currently just provide a vehicle to cater for the whole of the spectrum of risk appetite.

In the absence of regulation in alt coins (self or otherwise) you can do certain basic things to protect yourself: Elite was high risk based on such an assessment, refer here https://bitcointalk.org/index.php?topic=702757.msg7974656#msg7974656

why it's unfair to blame Bittrex and the other shit exchanges? do you think it's fair to the investors? i don't think these exchanges will lead crypto currency to success, they just add coins for money and provide a large space for the damn scam dev.

Because Bittrex didn't hold a gun to your head and say "buy elite or else". The exchange isn't to blame for the bad decisions of its users.